The U.S. ports are set to benefit from a $3 billion worth of funding round intended for electrification and emission reduction. The funding has been included in the long-awaited Inflation Reduction Act that was adopted in the U.S. Senate on August 7. The House is expected to return from recess to pa
Retrofitting existing very large crude carriers (VLCC) to run on LNG as fuel has enormous benefits over alternative options to future-proof the ships from becoming obsolete as new environmental regulations take the stage in 2023, a new study from SEA/LNG claims. The multi-sector industry coalition c
Finnish wave technology provider Wello and the government-led Export Barbados (BIDC) have signed a commercial agreement for the deployment of a 5MW wave energy project in Barbados.
As the decarbonization push gains pace, uncertainty over the future of marine fuels is hindering investments in new ships. But rather than taking a wait-and-see approach, ship owners are joining industry partners to get a better insight into the current fuel market situation and outlook in order to
Equinor has filed an ES related to the development of its Rosebank oil field located West of Shetland to the UK authorities
Carnival Corporation, the world’s largest cruise company, is launching comprehensive technology upgrades across its global fleet to further improve energy savings and reduce fuel consumption. The upgrades called Service Power Packages include ongoing installations through 2023 on ships from the comp
UK’s NSTA says the decommissioning cost estimate on the UKCS has dropped 25 per cent to £44.5 billion (about $54.2 billion).
The surging demand for methanol-powered ships over the past 12 months has been triggered by the shipping industry’s accelerating decarbonization push, which has resulted in ordering of 40 methanol-powered ships.
A total of 147 ports around the globe can bunker LNG to vessels at the moment and this figure is likely to reach 200 by 2024 as demand continues to grow, estimates from Clarksons Research show. Europe is leading the way with LNG bunkering infrastructure, with the majority of its top ports offering t
DNeX, via Ping Petroleum, has renamed its recently acquired FPSO, which will be one of the UK’s first wind-powered oil and gas facilities.
Naval architecture and marine engineering company Glosten has been selected to design a new coastal research vessel with a hydrogen-hybrid propulsion system for the University of California San Diego’s Scripps Institution of Oceanography. For this project, Glosten will provide the preliminary design
NEO Energy has filed its environmental statement for the redevelopment of the Affleck field in the North Sea to the UK’s authorities.
Australia’s Port of Newcastle, the world’s largest coal export port, has welcomed two Liebherr mobile harbour cranes intended for the port’s container handling operations. The German-built LHM 550 cranes sailed into Newcastle Harbour on Tuesday morning, August 2, onboard the general cargo ship UHL F
The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam Authority have signed a memorandum of understanding (MoU) to establish the world’s longest Green and Digital Corridor. The MoU, signed on the sidelines of the biennial World Cities Summit, will bring together stakeholders a
